Life Insurance Options

by Jeff Talarico on
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When John recently lost his wife Betty to cancer, their children were surprised to find out that neither John nor Betty had life insurance. As a result, the children ended up paying the cost of the funeral, and John, currently on a fixed income, is left contemplating whether he can afford to stay in...

Top 5 Financial Terms You Should Understand

by Jeff Talarico on
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In recent weeks, you may have heard the word recession a lot. You may even have a vague understanding of what a recession is, but would like a better understanding of what a recession really is. What the Dow Jones Industrial Average? You probably hear that every night on the news and you know that...

Social Security Facts for 2019

by Jeff Talarico on
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As of December 2018, more than 43.7 million retired Americans collected Social Security, with more than 8 million disabled workers collecting benefits as well. But Social Security is much more than retirement income. Along with providing a small income to millions of seniors, Social Security also...

How to Protect Your Identity

by Jeff Talarico on
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More than 60 million Americans had their identities stolen in 2018, a significant increase from 2015, where more than 15 million consumers were affected. With identity theft numbers on the rise, it certainly doesn’t appear likely that scammers are going away anytime soon. While there are no hard and...

Buying Your First Home

by Jeff Talarico on
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One of the biggest decisions you will make in your life is buying a home. While home ownership is not for everyone, home ownership remains a goal for many. And while browsing real estate websites looking at homes can give you an idea of what’s available, and help determine what you’re looking for,...

Why Financial Literacy is Important

by Jeff Talarico on
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Being financially literate in today’s economic climate is more important than ever. Understanding finances can help you make better money management decisions, budget your money properly, adequately save for college, and be financially prepared for retirement. While it may sound daunting, financial...

Why Do People Invest in Stocks?

by Jeff Talarico on
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If you’re still unsure about investing in stocks or have questions on how buying stocks actually works, here are a few quick questions and answers about the entire process, from what exactly is a stock, to how do you buy stock.

What exactly are stocks?
While the term may be confusing, the actual...

Getting the most out of a 529 Savings Plan

by Jeff Talarico on
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A college education, while a worthy achievement, does not come cheaply. Forbes has estimated that the price of a college education has increased 8 times faster than wages, making it a struggle for even upper middle-class families. When factoring in the cost of tuition along with room and board,...

Finding the Right Financial Advisor

by Jeff Talarico on

If you’re ready to start saving towards your financial goals, you may want to consider hiring a financial advisor to guide you through the maze. While robo-advisors are also available to help you with your savings goals, they are best suited for those just starting out or for those with limited...

Avoiding Bad Financial Decisions

by Jeff Talarico on

Managing finances properly is mainly common sense. While we’ve all made financial mistakes, most of those mistakes are easily rectified, particularly when promptly corrected. However, there are some financial decisions that can be much harder to recover from. Here are just a few of them:

  • Spending...

Why Should I Think About Retirement Planning?

by Jeff Talarico on

If you’ve only just begun your career and are starting to collect a decent paycheck, the last thing on your mind is probably retirement planning. When you’re in your twenties and thirties, retirement can feel light years away, but it will get here much quicker than you can imagine. And when it does,...

Why Diversifying Your Portfolio is Important

by Jeff Talarico on

If you’re a beginning investor, it’s likely you’re concentrating on building your portfolio.  But as important as it is to build that portfolio, you should also ensure that it’s diversified.

Why is a diversified portfolio so important?

There are three key reasons why diversifying is important:

  1. A...